The COVID-19 pandemic likely has caused additional of stress for community association leaders, making it important to prioritize emotional well-being in addition to physical health.
Nearly 75% of community association board members express being “confident” or “very confident” regarding the current budget, though almost half expect assessment delinquencies to increase in 2020, according to a CAI survey conducted in late April.
Community association boards and managers have taken steps to prioritize the well-being of residents and staff, taking on greater leadership during the COVID-19 crisis.
Ask and you shall receive. Residents of a Silver Spring, Md., condo are eager to help their neighbors during the COVID-19 outbreak.
Community associations may need to reevaluate which construction projects are necessary to their continued operation and which nonessential construction to put on hold during the COVID-19 outbreak.